$464,000
NAL Estimated Property Value15670 State Highway 135, Arp, TX, 75750
Off Market
Highlights
Interior
AppliancesElectric Range, Electric Water Heater
Exterior
Lot Size2.81 acres
Land Information
APN1-17165-0000-00-004000
Lot Number4
SubdivisionCory Morehead Subd No 7
Land UseResidential Vacant
Legal DescriptionCORY MOREHEAD SUBD NO 7 LOT 4 2019 NEW SUBD
Census Tract002102
Assessed Land Value$32,030
Assessment Year2025
About this property
Beautiful property with lots of potential. Start your homestead, bring your animals, and get ready for the country life. Sitting on over 6 acres, the opportunities are endless!! House needs work, but there is a concrete pad at back of property for an RV with all the hook ups. Property is being sold as is. Bring all offers. Seller is motivated.
Investor Tools
$464,000
Estimated Property Value
$146,397Estimated Mortgage Balance
$317,603Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,784 /month
Positive
Cash Flow Estimate:
$928 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$490
$32,030
2025
$32,030
N/A
$32,030
No
Tax History
Year
Tax Paid
Assessed Value
2025
$490
$32,030
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$152,100
No
First
Apr 5, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,397
$317,603
68%
32%
$912/mo
